CAGR of 9.04% Building Automation and Control Systems Market Will Hit Globally by 2019: MarketResearchReports.Biz

This report covers the present scenario and the growth prospects of the global building automation and control systems market during 2015-2019

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Albany, NY -- (SBWire) -- 09/29/2015 --A building automation and control system is a systematized interlinked network control system. It is normally installed in residential, commercial, institutional, and public buildings to control and monitor the MEP system such as power monitoring, security, CCTV, fire alarm system, elevators and escalators, plumbing and water monitoring, AHUs, RHUs, FCUs, HPUs, and VAVs. It uses both hardware and software, which monitor and control the building's environment. The hardware and software are configured using various protocols such as C-bus and profibus. The need and growing concern for faster response and precision has led to the large-scale adoption of automation and control systems in buildings. The need for customization, maintenance and support, reliability, total cost of ownership, and high energy efficiency have boosted the demand for automation and control systems.

The Global Building Automation And Control Systems Market is expected to grow at a CAGR of 9.04% in terms of revenue during 2014-2019.

Covered in this report
This report covers the present scenario and the growth prospects of the global building automation and control systems market during 2015-2019. To determine the market size, the report considers revenue generated from the sales revenue of lighting control, security and access control, HVAC control, BMS, fire and life safety, and others.

The market is highly fragmented with the presence of many global and regional vendors. The report presents a detailed analysis of the major vendors in the market. In addition, the report includes the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key emerging trends.

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Key regions
Americas
APAC
EMEA

Key vendors
Automated Logic
Honeywell
Johnson Controls
Schneider Electric

Other prominent vendors
ABB
Bosch Security System
Control4
Legrand
Lutron
Siemens
Tyco
United Technologies

Key market driver
Demand for energy-efficient building
For a full, detailed list, view our report

Key market challenge
High implementation cost
For a full, detailed list, view our report

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Key market trend
Increased adoption of wireless building automation and control system
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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